President-elect Donald Trump’s pick for Commerce Secretary, Howard Lutnick, is in the process of forging a multi-billion dollar deal with Tether (CRYPTO: USDT), the company behind the world’s largest stablecoin by market capitalization. What happened: Cantor Fitzgerald, a financial services firm led by Lutnick, is planning to launch a program with Tether’s support that would lend dollars to clients who pledged Bitcoin (CRYPTO: BTC) as collateral…

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Trump's Commerce Secretary Pick Howard Lutnick-Led Firm In Talks For A Bitcoin Lending Project With Tether: Report

Commerce secretary pick’s finance firm could receive support from Tether to help fund project to lend dollars to clients against bitcoin.

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Trump pick Lutnick’s firm in talks with Tether about US$2 billion bitcoin lending project

The arrival of Donald Trump as the “first crypto president” has shaken the industry in anticipation of a golden era for cryptocurrencies. Among a host of expected changes, cryptocurrency enthusiasts are particularly...

Ardhja e Donald Trump si “presidenti i parë i kriptove” ka trazuar industrinë në pritje të një epoke të artë për kriptovalutat. Ndër një mori ndryshimesh të pritura, entuziastët e kriptovalutave janë veçanërisht të......

Projeksionet për Bitcoin, ekspertët: Mund të shkojë deri në 1 milion dollarë

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Projections for Bitcoin, experts: It could go up to $1 million

Howard Lutnick is moving to strengthen his alliance with one of the most important and controversial names in the digital-asset business: Tether Holdings.Lutnick is in talks to deepen the financial ties between his businesses and the company behind the world's largest stablecoin, according to people familiar with the matter.Cantor Fitzgerald LP is discussing receiving support from Tether for its planned multibillion-dollar program to lend dollar…

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Gautam Adani

Lutnick’s Cantor in Talks With Tether About $2 Billion BTC Lending Project

Wall Street powerhouse Cantor Fitzgerald plans to launch a multibillion-dollar lending program using bitcoin as collateral, potentially reshaping crypto-backed financing and deepening ties with Tether Holdings. Cantor Fitzgerald’s Crypto Strategy: A Pivotal Moment for Bitcoin’s Future Howard Lutnick, chairman and CEO of Cantor Fitzgerald, a leading global financial services firm, is reportedly working to bolster […]

Bitcoin.com

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan – Finance Bitcoin News

President-elect Donald Trump’s pick for Commerce Secretary, Howard Lutnick, is in the process of forging a multi-billion dollar deal with Tether (CRYPTO: USDT), the company behind the world’s largest stablecoin by market capitalization.

CryptoPanic

Cantor Fitzgerald CEO Howard Lutnick, President-elect Trump’s Commerce Secretary nominee, wants to launch a $2 billion project to lend dollars to clients against Bitcoin.
As part of the setup, Cantor Fitzgerald would receive support from Tether, the company behind the world’s largest stablecoin,…

BizToc

Trump’s commerce pick Lutnick to expand $2b Tether, Bitcoin lending: report

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CoinStats - Trump's Commerce Secretary Pick Howard Lutnic...

As per the latest Bloomberg report, Financial services firm Cantor Fitzgerald, which serves as Tether’s banking partner, is looking to work with the stablecoin issuer on a program that will allow clients to borrow dollars against Bitcoin as collateral. While the firm will start lending against Bitcoin with $2 billion, it is expected to increase to tens of billions. Notably, Cantor Fitzgerald agreed to acquire a 5% stake in Tether for around $600…

GlobalNewsIt

Howard Lutnick’s Firm, Cantor Fitzgerald To Work With Tether For $2B Project – #CryptoUpdatesGNIT

US President-elect Donald Trump’s nominee for Commerce Secretary, Howard Lutnick, is reportedly exploring a $2 billion bitcoin-backed lending initiative in collaboration with Tether, the issuer of the world’s largest stablecoin, according to Bloomberg. Lutnick’s financial services company, Cantor Fitzgerald, is said to be in discussions with Tether to secure funding for the project, which could expand to tens of billions of dollars, insiders rev…

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Trump’s pick Howard Lutnick eyes $2B Bitcoin-backed lending project with Tether: Bloomberg

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Trump's Commerce Secretary Pick Howard Lutnick's Fund Owns $1.19B In Nvidia, $804M In Tesla: Here Is A Look At His Portfolio - GCM Grosvenor (NASDAQ:GCMG), SPDR S&P Bank ETF (ARCA:KBE)

Trump's Commerce Secretary Pick Howard Lutnick's Fund Owns $1.19B In Nvidia, $804M In Tesla: Here Is A Look At His Portfolio - GCM Grosvenor (NASDAQ:GCMG), SPDR S&P Bank ETF (ARCA:KBE)

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